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DisruptiveStrategy_MercedesMarmol_10132021
DisruptiveStrategy_MercedesMarmol_10132021
Question
Your Response
Question
First, state which industry you work in. Then, identify 2-3 sustaining innovations developed in your
company or industry. What about these innovations makes them sustaining?
Your Response
Question
First, state which industry you work in. Then, identify 2-3 examples of low-end disruptive innovation in your
industry. Explain why these innovations are low-end disruptions.
Your Response
Question
First, state which industry you work in. Then, provide 2-3 examples of new-market disruption in your
industry. Explain why these innovations are new-market disruptions.
Your Response
Question
What are your 2-3 key takeaways for your organization from the WR Hambrecht and Google IPO case?
Your Response
Be open to new possibilities and paths; Even the biggest companies might need a "small" solution.
Question
Choose an industry and identify a potential low-end disruptor in that industry. Explain why you think that
company has the potential to be a low-end disruptor.
Your Response
Question
Identify one product or service your organization offers. Please describe this product or service.
Your Response
When clients want to use famous faces, properties, works of art or trademarks in commercial projects, we
can make it happen by clearing the rights they need.
We clear the rights needed and provide full indemnification for the rights secured. All of our Rights
Clearance work is 100% guaranteed, so projects runs smoothly and clients can have peace of mind.
We can also clear movie clips, viral videos, commercial music and all other copyright for promotion,
negotiating the licenses and handling the necessary permissions.
In short, we’ll make sure your project has the necessary rights so clients can focus on being creative and
telling their story.
Submitted September 17, 2021 at 04:12 PM ET
Question
How does your organization typically categorize customers for this offering? List the major categories
below.
Your Response
Normally these are corporate or clients that request these images for commercial use, mostly corporates I´d
say.
Question
Who competes to provide this offering? List the three biggest competitors.
Your Response
Shutterstock does offer sth similar but it's not actually the same as they have limited insurance, and we
don´t.
Any other lawyer or law studio could be a competitor also.
Question
Before your product existed, what did customers hire to get the "job" done? How might they get it done in
the future?
Your Response
Most clients use to hire photographers for shootings. Depending on how complex the shooting is, the costs
can go really high comparing to a Royalty Free image.
What happens now is how democratized photography is, so "everyone" can take a picture, but not actually
produce a more complex scene or, in the case of editorial coverage, have the right access to the right
places.
So, I think customers might be able to do simple shootings already but not have the same result.
In the future, and again taking for example editorial assignments, customers might have access to the
same events we do, if the events go virtual, to mention one.
Question
Identify a product or service that has a high-end option and a low-end option. For each option determine
the:
• functional,
• social,
• and emotional jobs to be done.
Describe how the functional, social, and emotional jobs to be done are different for the high-end and low-
end products. Do the different types of jobs to be done play different roles in high-end vs low-end
products?
Your Response
For the visual content industry, I find images to have these 3 jobs to be done. Depending on the image
use/rights we can have high or low-end products. The functionality of the image is to have, for example,
marketing materials. The emotional and social impact of the image could be what the image represents to
each consumer and how they connect to that image.
I find the different types of jobs to be done quite similar in the high and low end, it will depend on how
massive the display of the image is.
Case Practice
2.3.1 Brief Case: Disney California Adventure (~20 min)
Question
What is the primary job to be done causing your customers to "hire" your product or service? Try to phrase
it as typical "job" statements, starting with "Help me..." "Help me avoid..." or "I need to..."
Your Response
In the visual content industry, the primary job to be done is to help to tell a story. A story that could be with
editorial content or a story about a product, and more.
Question
With a Jobs to be Done perspective, identify 2-3 other competitors that you haven't traditionally thought of
as competitors. How do these competitors help customers get these "jobs" done?
Your Response
If we think about creating the content, simple visual content, then anyone with a smartphone could be a
potential competitor. But regarding the rights clearance, image protection, or usage rights, then it´s not so
simple for anyone to reach that.
Free stock images are also competition, but in the same way as the first example, when it comes to image
protection, it could be harder for them to offer that.
Question
Answer
Results
3: 38 %
4: 28 %
2: 18 %
5 - Very good at looking beyond the core: 11 %
Question
If you answered "yes" then please explain what your organization does to find growth beyond the core.
If you answered "no" then please explain what your organization should do to improve.
Your Response
Yes.
My organization is using data of our customers search on the website, which give us valuable information
about what they are looking for and what could use the content for.
Question
1. Articulate the job to be done that Godrej was discovering and (remember to start your sentence with
"Help me...")
2. Define the experiences that the customer needs to have with a cooling system to nail the job
perfectly.
Your Response
The job to be done being discovered is that they needed something that help them not waste and keep
food, at very low-cost maintenance and adaptable to their homes.
Question
3. Integrated around the job to be done and the experiences that they needed to provide and
Your Response
Question
What are your 2-3 takeaways for your organization from The Godrej Group case?
Your Response
JTBD - 5.1Goals - BA 2
Your Response
Question
Answer
Results
Question
Briefly state which process you selected from the previous poll and then explain why that process is most
important to your organization's future success. Remember, your response will be shared with your peers.
Your Response
Strategy is my first choice. Considering the media and advertising industry and the technology involved,
new competitors, etc, it´s a good option to consider to look ahead.
Question
If you had two potential customers but had the capacity to serve only one, what are the criteria you would
typically use in your organization to determine which customer to serve? (These criteria are what we mean
by the "profit formula.")
Your Response
I would serve for the one that has a larger account, who spends more, and work on this kind of clients
engagement with the brand.
Question
With your company's key resources, processes, and profit formula in mind, identify your company's 2-3
most important capabilities today.
Your Response
Question
Given your organization's resources, processes, and profit formula, name 2-3 things your organization
cannot do today.
Your Response
Due to Covid, we cannot have as much exclusive access for coverages as pre-pandemic.
We cannot assure the final message the customer will be giving with our imagery (aside from the illegal
uses)
Nypro Manufacturing
3.3.2 Results and Reflections (~20 min)
Question
What are your 2-3 key takeaways from the Nypro manufacturing case?
Your Response
It´s interesting to see this case and how it could´ve evolved if they had considered going right into a new
division. Also great to see how the principles we learn so far do apply.
Case Practice
3.4.1 Brief Case: Charles Schwab (~18 min)
Question
How do you think a core business can make it difficult for new innovations and ideas to be "nimble" in their
respective marketplaces?
Your Response
The lack of reputation for new companies might be a way to make it difficult for them.
Question
Consider nascent innovations at your organization. What are the prominent aspects of your organization's
resources, processes, and profit formula that are most likely to jeopardize the success of an innovation?
Your Response
The growth of video content is something you might consider an innovation. I think that although it does
not compete but accompanies the previous product, photography, it can generate certain difficulties in the
sales teams, since they are different processes, for example, from sending a simpler file, such as a still
image.
Question
Your Response
I´ll be focusing on a personal experience based on the acquisition of a company I was working at. In
2017the global brand, went after the master delegates around the world, more specifically to Latam, Israel,
and Korea.
To me, this was a sustaining action, as this was not a different business, it was the same business and the
same company culture, but the idea was to expand in the territory, to add more local representatives
around the world. This is also the reason why it shouldn't be kept as a separate business but folded into
the the core.
Question
Come up with 1-2 ideas on how you would change your resources, processes, and profit formula to foster
growth and success in the future. For each idea, articulate how it would enhance your organization's
capabilities and propose an approach for implementation (e.g., buy or hire a new resource, develop a new
process, create a new business unit, alter the profit formula).
Your Response
One new service that the company has been doing is giving advice or training to different clients,
regarding diversity and inclusion for visuals.
We already have a research and marketing team giving this kind of presentation to clients but we do not
actually have a sales division for this.
It could be interesting to create a new division for this service, that is related to our core business but it´s
actually a totally different product/service.
OI - 5.1Goals - BA 3
Your Response
Question
After looking through the lens of Organizing for Innovation, what additional insights do you have about
your strategic question?
Your Response
I´m not changing my question though I think I learned the answer in the last module. What resonates with
me is that a company cannot disrupt itself, and that´s when we shouldn´t be disruptive.
Question
In general, why do you think it's hard for so many companies to evolve and "skate" to the new growth
opportunities?
Your Response
Focusing on present revenue and business might cause having "less time" to think strategically, and
reflecting on the future. Also, if you don´t actually see a threat ahead, you might not worry until you see it.
Question
Using the aforementioned definitions, identify an example of an interdependent interface within your
industry.
Note the list of examples before the video for possible ideas.
Your Response
Question
Using the aforementioned definitions, identify an example of a modular interface in your industry.
Note the list of examples before the video for possible ideas.
Your Response
Question
Take a moment to identify a product or service in your organization that you're familiar with.
Your Response
Photography
Question
Would you say that your product or service is good-enough or not-good-enough for what the average
consumer in the marketplace can utilize? Why?
Your Response
Stock photography: The product is already good enough, but what we see is that customers do need it to
be delivered fast, to be personalized (even with product placement), and to connect with the audience.
Question
What does this say about the way you should be competing in the marketplace?
Your Response
Giving our customers different plus: customizing the images, giving them guidance on what images are
better to use considering, for example, diversity and inclusion.
Question
Given your previous response (regarding how one of your organization's products or services was "good
enough" or "not-good-enough") describe ways in which your organization should use a more integrated or
specialized strategy.
Your Response
In this case, I think the main gap could be regional content more specific to certain countries. Content
created by global-local photographers, to make it look more real. Depending on the territory, you can have
more or better results on this.
Question
Are there components within your industry that your organization should integrate and do in-house?
Your Response
Having more and more in-house image collections, exclusively in our website.
4.3.2 Knowing When to Dis-integrate and Become More Specialized (~15 min)
Question
Do you see any evidence that your organization should dis-integrate and become more specialized? Why
or why not?
Your Response
It can be more specialized not just providing content but also insights about it. Having data from users in
our search bar is definitely a tool for specialization.
Question
Briefly state which industry you work in and then answer the following question:
Your Response
Question
Briefly state which industry you work in and then answer the following question:
What do you believe is the performance-defining component in your industry? Why?
Your Response
Stock Images
Having a hires image, quality image without having to produce it.
MediaTek
4.4.2 MediaTek's New Business Model (~23 min)
Question
What are your 2-3 takeaways for your organization from the MediaTek case?
Your Response
Considering the emerging markets and territories, even with ore basic needs.
The power of customization but also standarization.
Question
Based on what you have learned in this module, identify 2-3 opportunities that your organization should try
to "skate" to over the next 10 years.
Your Response
Your Response
Question
By looking through the lens of Maintaining a Disruptive Scope, what additional insights do you have about
your personal strategic question?
Your Response
I now identify how you cannot disrupt yourself, but create new division, etc. But anyway, even if it´s not
disrupting "myself" when disruption is not an option?
Question
Find a current event where you see the theories of “Maintaining a Disruptive Scope” playing out. Identify
the company (or companies) involved and explain how the theories apply to the current event.
Your Response
Netflix.
Not only because of the streaming service but how they also started to produce their own shows and
movies.
Question
Identify an example of both a deliberate strategy and an emergent strategy that have happened in your
organization. Be sure to provide enough context for fellow participants to understand.
Your Response
Question
What specific things do organizations do to inhibit new ideas from being elevated?
Your Response
Question
How would you describe your organization's profit formula? (how is your organization structured to make
money?) We'll return to your answer here later in the module.
Your Response
Sales organization, articulated with the rest of the teams, to sell images, assignments and services.
Question
Answer
Results
Question
How would you suggest an organization should change or evolve to overcome this challenge and to
allow emergent ideas to thrive?
Your Response
No silos. Sharing a clear strategy to the broader organization and give the right channels and/or
opportunities to share their insights and ideas.
Question
Answer
somewhat aligned
Results
somewhat aligned: 53 %
very closely aligned: 43 %
not at all aligned: 4 %
Question
How would you suggest your organization should better align its profit formula and stated strategy?
Your Response
Though I think the resources are clear, my idea is that we can expand the resources to be more global,
which will lead up to more ideas giving room to emergent strategies.
Question
How does your organization's profit formula and resource allocation process negatively affect its ability to
pursue and experiment with innovative ideas?
Your Response
Part of my previous answer was about this also. I think the intention of sharing and opening information is
clearly there, but there´s a need -which has been heard- to localize all materials, messaging and
documents to all the languages where a company has offices, so that every employee can speak in their
mother language and feel confident about sharing an idea.
Question
There are three phases of business growth. Here are a few bullet points to crystalize these stages in your
mind:
Each phase brings its unique challenges and opportunities in relation to managing the strategy
development process.
Answer
Efficiency Phase
Results
Efficiency Phase: 47 %
Sustaining Phase: 46 %
Question
Describe how a good leader balances deliberate and emergent strategy processes in the market creating
phase.
Your Response
Good management of the Resource Allocation Process. Be focused on where the "god money" comes
from but paying attention to emerging ideas.
Question
Can you identify sustaining growth phase markets that your organization is involved in? What can you do
as a leader to balance deliberate and emergent strategies in this context?
Your Response
For stock images, one sustaining growth phase market could be the chance to have customized images,
personalized products with the same "easy-access" of buying the images without getting into a creative
production.
Giving resources to this area, having the teams trained and confident about new emerging products.
Question
Imagine for a moment that you were the CEO of AOL at the time of the case.
Using the theories in this module, how would you have balanced deliberate and emergent strategies in the
efficiency phase of business growth?
Your Response
5.3.5 There is Good Money and There is Bad Money (~10 min)
Question
In what ways have you seen the good money, bad money cycle play out within your organization?
Your Response
NA
OnStar
5.4.3 Results and Reflections (~21 min)
Question
Are there ways in which your own organization is more focused on your own job to be done rather than the
customer's job to be done? If so, how?
Your Response
I think some areas might be more focused on the "internal" job to be done rather than the product/service
job to be done. Client and product-facing teams tend to focus more on the customers' need, hence, on the
job to be done.
Question
What are your 2-3 takeaways for your organization from the OnStar case?
Your Response
- Listen to the client feedback, insights, and experiences, focus on the Job to be Done. Listen to your
brand.
Your Response
Question
After looking through the lens of Managing the Strategy Development Process, what additional insights do
you have about your strategic question?
Your Response
Though we kind of have my question answered - you cannot disrupt yourself - I´d like to know if there´s
something on the when not to be disruptive in a time frame.
Question
Find a current event where you see the theories of “Managing the Strategy Development Process” playing
out. Identify the company (or companies) involved and explain how the theories apply to the current event.
Your Response
In a Covid19 environment, we can say that apps like Zoom can be associated to this theory. As the
deliberate strategy might be the same, the emerging strategy during pandemic must have been strong:
receiving and implementing urge clients´ needs and actually deepen the job to be done.
Course Conclusion
Reflecting on Disruptive Strategy (~5 min)
Question
How will you apply what you learned in Disruptive Strategy tomorrow, next week, or over the next year?
Your Response
One of my first questions of the program was "How can we create more cross-functional work in the
company?" and later erased it because I thought it was not related to the course. Somehow I see at the
end this question IS relevant as I see the importance of the company as a whole identifying the job to be
done.
That is the module that has the higher impact on me and where I think I will focus in the next period of time.